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Basements and garages have long been fertile ground for innovation, with a host of well-known companies including Apple, Amazon and Harley-Davidson tracing back to humble residential roots. Recently, these unassuming spaces are cultivating a new trend in home-grown businesses.
Verticalfarms and greenhouses are seeing much more capital investment than they had in the past, and CEA businesses are improving their unit economics through new technologies which attract investment, as well. Many investments come from venture capitalists who want to treat verticalfarming like a tech investment.
As there are numerous suppliers around the world that specialize in automation for indoor farms, this list is not exhaustive but rather meant to illustrate the variety of ways in which suppliers are creatively meeting the needs of their customers. Automation is one way to cut costs and increase efficiency in a verticalfarm.
The greenhouses use hydroponic technology—using water and no soil to cultivate plants—and the recycling of water throughout its facilities, including capturing rainwater and snow melt. We know it can be done—farms that have diversified (crops), soil has improved, less fossil fuel used, less fertilizer used.
Since over 70% of the Earth's surface is covered by oceans, saltwater farming presents untapped potential for increasing food production. By using specially designed structures such as floating platforms, nets, and cages, farmers can cultivate a wide range of seafood and plants. Credit: Vie Magazine.
Editor’s Note: Based on the unit economics laid out in this article, saffron has 8-10x revenue potential per given cultivation area compared to leafy greens and vine crops grown in CEA systems. Verticalfarms could be utilized as specialized tools to grow high-value crops for medicinal and cosmetic purposes rather than commodity leafy greens.
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